TREE NEWS reports: Market pricing now shows about a 50% chance of a 25 basis point Fed rate hike this month, down from 70% yesterday, after Fed officials pushed back. Bitcoin briefly broke above $82,000 this morning, with major tokens up 3-6%. Meanwhile, the House GOP canceled votes on the CLARITY Act until after the midterms, dimming its passage prospects.
Fed rate hike odds fall to ~50% as BTC tops $82K
The pullback in rate hike odds signals a potential shift in macro positioning, with risk assets like bitcoin responding positively to reduced tightening fears. The canceled CLARITY Act vote removes a near-term catalyst for clearer crypto regulation, leaving legislative uncertainty to linger into the midterm cycle. The key dynamic to watch is whether the Fed's pushback marks a durable policy pivot or a temporary reprieve, as that will likely dictate sustained appetite for digital assets.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.